My Money Monday: - Mortgages and newlyweds

Here is some advice.

Posted: Jul 23, 2018 1:38 PM
Updated: Nov 19, 2019 9:43 AM

Skip Hambright of Rochester MN asked the experts at First Alliance Credit Union, “How does a newly married couple get a mortgage and find the best rates?”

The experts from the First Alliance Credit Union Mortgage Team answered by sharing these tips and advice about getting a mortgage as newlyweds:

  • The process starts with talking to your credit union or bank if they offer mortgages to determine the options they have available.
  • Check with family and friends on which financial institutions they used to finance their mortgage
  • Once you have two or three potential mortgage lenders, call to make an appointment with your spouse to review their mortgage options
  • Go through the preapproval process and ask for a loan estimate document from each mortgage lender

Learn more about mortgage loans: https://www.firstalliancecu.com/blog/faqs-about-getting-a-mortgage

Article Comments

Mason City
Clear
22° wxIcon
Hi: 25° Lo: 9°
Feels Like: 11°
Albert Lea
Clear
19° wxIcon
Hi: 22° Lo: 9°
Feels Like: 13°
Austin
Clear
21° wxIcon
Hi: 26° Lo: 7°
Feels Like: 13°
Charles City
Clear
18° wxIcon
Hi: 23° Lo: 6°
Feels Like: 8°
Rochester
Clear
17° wxIcon
Hi: 22° Lo: 6°
Feels Like: 5°
Waiting for the weekend warm-up
KIMT Radar
KIMT Eye in the sky

Latest Video

Image

30 Hour Famine

Image

Coronavirus Mask shortage

Image

Why a Leap Year?

Image

A Second Chance at a Beautiful Smile

Image

City, medical leaders unveil plans to combat the coronavirus

Image

Why Leap Year?

Image

Leap Year Explained

Image

Chris' PM Weather Forecast 2/28

Image

North Iowa Home and Landscaping Show

Image

Firefighters prepare for Coronavirus

Community Events